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Welcome to the Tax-News weekly newsletter,

 

Tax-News.com carries topical headlines and features on international tax, legal, economic, business and investment issues.

 

 

Latest Tax-News Special Feature

 

Tax-News Corporate Tax Review - Tax Rates

 

Despite ongoing pressure to increase tax revenues, a lot of governments have realised that when it comes to corporate tax, the best way to boost the tax take is to encourage corporate expansion, encouraging business start-ups and investment generally by lowering rates, and this has resulted in a downtrend in global corporate tax rates over the last 10 to 15 years.

 

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Latest Tax News

 

Greece Says It May Sell Islands

Amid meetings with French and German leaders, Greek Prime Minister Antonis Samaras has said that his government is ready to sell uninhabited islands if necessary to raise revenues.
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German Energy Tax Cap May Break EU Law

The planned extension of Germany's energy tax reduction incentive programme until 2022 may break EU law, according to environmental lobby Deutsche Umwelthilfe, because of the distortions the programme creates with respect to competition.
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Australian Parliament Passes Fund Manager Tax Reforms

The Australian government has loosened the tax requirements on the financial services industry in an effort to remove any barriers to the use of Australian managed funds by international investors.
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Noda's Party Studies Further Japanese Tax Reforms

Following the parliamentary passage earlier this month of the bill for future increases to consumption tax, the tax panel of Japan's ruling party, the Democratic Party of Japan, has produced a discussion paper on a programme of tax reforms for 2013.
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France To Clamp Down On 'Unfair' ISF Tax Breaks

The French government plans to reduce the number of tax breaks applicable to the country's solidarity tax on wealth and to replace the marginal tax system with an average tax rate.
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